ACEN Australia closes AUD 750M financing to expand clean energy

With AUD 750 million secured from 11 lenders, ACEN Australia funded Stubbo and New England solar projects, with advice from Macquarie, Morgan Stanley, and Allens.

By Prudhvi Rani 14 Apr 2025 in Australia Bytes Market Bytes

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Stubbo Solar project in Australia received funding support from 11 lenders through ACEN Australia's latest financing round. Image Credit/Source:TomFisk/Pexels

Sydney-based ACEN Australia, wholly owned subsidiary of ACEN, has secured AUD 750 million (~$474.50million) in debt financing to support its operating renewable assets and upcoming projects. The funding will help complete the 400 MW Stubbo Solar project and follows earlier generation from the 400 MW New England Solar project. Backed by 11 local and international lenders, the financing expands ACEN Australia’s financial partnerships. It supports over 1 GW of assets in operation or construction and 13 GW in development. Macquarie Capital and Morgan Stanley advised on the deal, with legal support from Allens for ACEN Australia and Herbert Smith Freehills for the lenders.

#Sydney #Allens #MorganStanley #MacquarieCapital #ACENAustralia

Advertisment {'id': '67fcd62d6c0aa70b698f93aa', 'source_name': 'ACEN Australia', 'source_link': 'https://acenrenewables.com.au/2025/04/acen-australia-secures-aud-750-million-financing-to-support-growth-of-australian-clean-energy-portfolio/', 'contact_name': 'ACEN Australia', 'contact_email': '[email protected] '}

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